The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
China's automotive sector continued to rank first globally in terms of production and sales in 2022. According to the statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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China's construction sector has seen tremendous growth over the past years and showed great potential, despite the recent market hardships brought on by the slowdown of macroeconomic growth. The construction industry is of crucial importance for the ...
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In 2018, China relaxed the conditions regarding the operation of foreign banks, allowing them to simultaneously set up bank branches and subsidiaries. M&As are the most common way for foreign banks to start a business in China. In 2022, 57 M&A deals ...
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India's renewable energy sector stands as one of the most rapidly expanding globally, buoyed by exceptional solar and wind resource availability and robust government policies. As of 2022, the International Renewable Energy Agency (IRENA) ranked ...
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Poland's food and beverage products had a sold production value of PLN 401.3bn in 2022, representing 14.2% of Polish GDP. The industrial production index (IPI) for food products expanded by 9.4% y/y in 2022 and the IPI for beverage products grew by ...
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A decade after Indonesia's government launched its comprehensive public health insurance programme, the Jaminan Kesehatan Nasional (JKN), the scheme has reached 90% of the population by end-2022. The progressive rollout of this programme has allowed ...
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In recent years, China has been opening its financial services market to global investors and gradually easing access restrictions on foreign financial institutions. Insurance is at the forefront of the country's financial market opening. Since 2019, ...
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Digital transformation and the popularity of remote working have supported the development of the telecommunication industry and the introduction of new technology, such as 5G, in Poland. Moreover, the Polish government aims to support digitalisation ...
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